Geithner: Obama Wants 'Biggest Deal Possible'

Says president 'is willing to do very, very difficult political things'
By Polly Davis Doig,  Newser Staff
Posted Jul 10, 2011 12:21 PM CDT
Tim Geithner: President Obama Wants 'Biggest Deal Possible' on Debt Ceiling
Treasury Secretary Tim Geithner testifies on Capitol Hill in Washington, Thursday, March 3, 2011.   (AP Photo/J. Scott Applewhite)

Treasury Secretary Tim Geithner fired back at John Boehner and Mitch McConnell this morning, telling Meet the Press that “We’re going to try to get the biggest deal possible, the deal that’s best for the economy. Not just in the short term.” Further, he said, smaller deals "are very tough, too." He pushed back on suggestions that the Aug. 2 deadline is manufactured, saying, "I can say to you with total confidence we have no other option to buy more time for Congress." Not that they need it: "They know what it takes to get this done, and I’m very confident ... they’re going to do what’s necessary." Elsewhere on your Sunday dial, as per Politico:

  • IMF chief Christine Lagarde on debt ceiling: "I can't imagine for a second that the United States would default," adding that if it did, "It would be a real shock, and it would be bad news for the US economy."
  • Jim DeMint chimes in: Geithner is "playing Chicken Little here. There certainly will be disruption ... but this is not a deadline we should rush and make a bad deal."
  • Bill Daley confirms Pakistan aid delay: "Obviously, they have been an important ally in the war on terrorism. But right now, they have taken some steps that have given us reason to pause on some of the aid."
  • Tim Pawlenty on Michele Bachmann: “I like Congresswoman Bachmann. I’ve campaigned for her. I respect her. But her record of accomplishment in Congress is non-existent."
(More Sunday morning talk shows stories.)

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